WASHINGTON, U.S., March 11. The U.S. Trade and
Development Agency (USTDA) will invite Azerbaijani civil nuclear
sector leaders to participate in an event later this year on civil
nuclear power development in Europe and Eurasia, Carl Kress, USTDA
Regional Director, Middle East, North Africa, Europe and Eurasia,
said in an exclusive interview with Trend.
He made the remarks on the sidelines of the U.S.-Azerbaijan
Trade and Business Conference dedicated to the 30th Anniversary of
the United States-Azerbaijan Chamber of Commerce (USACC) in
Washington D.C.
Kress pointed out that Azerbaijan is blessed with abundant
energy resources, making U.S. cooperation in that sector an obvious
starting point.
"Azerbaijan is obviously already a leader in the oil and gas
industry, which holds great promise for more cooperation, and we
have a shared interest in working together to explore civil nuclear
power development or new pipeline infrastructure. This energy
abundance also offers opportunities for U.S. companies to deploy
technologies that can facilitate the build out of Azerbaijan’s
digital infrastructure with data centers, AI sector, and
communications links, since Azerbaijan has the abundant, reliable
energy supplies that are foundational to s these industries. U.S.
companies are second to none in the energy and digital sectors,
which means there are excellent opportunities to explore for
working together," he said.
He noted that local partnerships are key to fostering commercial
relationships in Azerbaijan and the region, and USTDA’s tools are
specifically designed to cultivate such partnerships.
"USTDA’s project preparation activities, like feasibility
studies and front-end engineering and design studies, connect U.S.
experts with Azerbaijani developers to support their priority
projects and pave the way to long-term partnerships on other
projects. As one example, USTDA will invite Azerbaijani civil
nuclear sector leaders to participate in an event later this year
on civil nuclear power development in Europe and Eurasia. The event
will introduce them to American technologies, connect them with
potential U.S. suppliers, and provide opportunities for them to
highlight upcoming Azerbaijani civil nuclear development plans.
Events like these lead to successful partnerships and
deal-making.
Another USTDA capability is our reverse trade mission tool,
which bring delegates from countries such as Azerbaijan to the
United States to meet with U.S. companies and government officials.
These can be an excellent avenue to creating enduring partnerships
for targeted sectors," Kress added.